Small Arms Market Size, Share, Industry Report and Forecast 2020-2025

The market dynamics section of the report examines the diverse factors which govern the demand and supply of products in the small arms market. This analysis will provide an in-depth understanding of the direction in which the market is headed and the impact of various factors on the same. This section covers the market dynamics, namely the drivers, restraints, and opportunities in the global small arms market, listing and analyzing several factors that impact the market positively or negatively.

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The demand for hunting and shooting related sports is on the rise. Hunting and shooting programs led to an increase in the number of hunters in the U.S. For instance, youth hunting and shooting programs have led to an increase in number of hunters (ageing between 6-15 years) in the U.S. Shooting as a sport has become increasingly popular ever since its inception in "Inaugural games" in Greece 1896. The maximum increase in participation occurs in Summer or Winter Olympic games.

The rise in mass shooting incidents in parts of the U.S. and Europe has been a concern and it has led to serious debate on the legitimacy of selling semi-automatic guns and duplicates of military assault rifles to civilians. From political parties to civil societies, various campaigns have been organized against the firearms industry blaming them for the gun related violence.

The industry leaders in this market are opting for the mergers and acquisitions strategy to maintain the market position and prevent new competition from expanding their operations in the market. In this way, they expect to overcome their barriers to organic growth. The established companies from different industry verticals attempt to engage in mergers and acquisitions to introduce new forms of innovations, products, and services that may otherwise be nonprofitable or result in a sluggish growth rate if worked upon within the company.

In the global small arms market, most of leading players are from the U.S., followed by Europe. For instance, the top players in the U.S. market include Colt’s Manufacturing Company, American Outdoor Brand Corporation, and Sturm, Ruger & Company. In the Europe market, Heckler and Koch, Denel Land Systems, and Beretta Arms Company emerged as leading players in the small arms market. Kalashnikov Concern and BAE Systems are other important manufacturers in the region with a low, single digit share of the global small arms market.

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The others small arms manufacturers consist of medium to small firearms manufacturers such as Israeli Weapon Industries, ST Engineering Technologies, FN Herstal, Sig Sauer, Inc., GLOCK Inc, Browning International S.A., O.F. Mossberg & Sons, Remington Outdoor Company, and Taurus Holdings, among others, catering to regional demand.

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